BLUESTAR LTD

Investor can accumulate this stock for long & short term point of view. this company is very strong Bonus candidate and has paid 350% dividend for past 2 years. the management is also having good track record of dividend for past 25 years and it has rewarded its share holder with Bonus & Rights issue. further its pertinent to mention that Q1 results were flat and Q2 is expected to be better but H2 is expected to be good numbers and its expected for FY 2009-10 it will have EPS of 25-30/- so it has short term Trg. of 550/- and Long term 800/-